Australia Trade to GDP Ratio 1960-2024

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
  • Australia trade to gdp ratio for 2023 was 48.08%, a 2.95% increase from 2022.
  • Australia trade to gdp ratio for 2022 was 45.14%, a 5.43% increase from 2021.
  • Australia trade to gdp ratio for 2021 was 39.70%, a 4.44% decline from 2020.
  • Australia trade to gdp ratio for 2020 was 44.14%, a 1.61% decline from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
Luxembourg 394.22%
Hong Kong 351.59%
Malta 314.00%
Singapore 311.24%
Ireland 234.75%
Seychelles 183.07%
Slovak Republic 181.53%
Cyprus 179.62%
Belgium 174.30%
Slovenia 161.33%
Netherlands 158.82%
Hungary 157.30%
Estonia 156.16%
Lithuania 153.15%
Macao 142.00%
Czech Republic 138.92%
Switzerland 138.22%
Brunei 136.56%
Latvia 131.97%
Denmark 128.45%
Austria 116.12%
Croatia 109.92%
Poland 109.54%
Sweden 103.57%
Puerto Rico 101.73%
Greece 94.66%
Portugal 94.05%
Germany 90.11%
South Korea 87.94%
Iceland 86.79%
Bahamas 82.70%
Finland 82.35%
Norway 79.65%
Spain 73.79%
Italy 68.73%
France 67.58%
Canada 67.46%
United Kingdom 65.59%
Saudi Arabia 62.13%
Chile 60.97%
Israel 58.00%
Uruguay 51.73%
Australia 48.08%
Argentina 26.97%
Australia Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2023 48.08% 2.95%
2022 45.14% 5.43%
2021 39.70% -4.44%
2020 44.14% -1.61%
2019 45.75% 2.40%
2018 43.35% 1.40%
2017 41.94% 1.15%
2016 40.79% -0.80%
2015 41.59% -0.85%
2014 42.44% 1.19%
2013 41.25% -1.90%
2012 43.15% 1.31%
2011 41.84% 1.33%
2010 40.51% -5.23%
2009 45.74% 2.89%
2008 42.85% 0.84%
2007 42.01% 0.45%
2006 41.56% 2.40%
2005 39.16% 2.15%
2004 37.01% -3.19%
2003 40.20% -1.25%
2002 41.45% -2.77%
2001 44.22% 3.28%
2000 40.94% 1.91%
1999 39.03% -0.96%
1998 39.99% 2.01%
1997 37.98% -0.25%
1996 38.23% 0.53%
1995 37.70% 1.24%
1994 36.46% 1.06%
1993 35.40% 2.35%
1992 33.05% 0.86%
1991 32.19% 0.04%
1990 32.15% 0.09%
1989 32.07% -0.50%
1988 32.57% 0.05%
1987 32.51% -0.50%
1986 33.01% 0.52%
1985 32.49% 3.95%
1984 28.54% -0.63%
1983 29.18% -1.15%
1982 30.33% -1.28%
1981 31.60% -0.69%
1980 32.30% 2.67%
1979 29.62% 1.45%
1978 28.18% -0.45%
1977 28.63% 1.77%
1976 26.86% -2.11%
1975 28.97% 2.65%
1974 26.32% 1.19%
1973 25.13% 0.37%
1972 24.76% -0.80%
1971 25.55% -0.60%
1970 26.15% 0.91%
1969 25.25% -1.49%
1968 26.74% 0.01%
1967 26.73% -1.28%
1966 28.02% -0.42%
1965 28.44% -0.21%
1964 28.65% 1.86%
1963 26.79% 0.26%
1962 26.53% -0.85%
1961 27.38% 0.37%
1960 27.01% 0.37%